Apple Reports Second Quarter Results

Apple periodically provides data for buyers on its corporate site, apple.com, and its trader relations web-site, investor.apple.com. This contains press releases and other details about financial overall performance, studies filed or furnished with the SEC, information on corporate governance, and specifics similar to its once-a-year assembly of shareholders.

This press launch consists of ahead-wanting statements, within just the which means of the Private Securities Litigation Reform Act of 1995. These forward-searching statements include without having limitation people about the Company’s options for return of capital, the payment of its quarterly dividend, and its expenditure designs and environmental initiatives. These statements entail hazards and uncertainties, and actual outcomes may perhaps differ materially from any potential outcomes expressed or implied by the forward-searching statements. Pitfalls and uncertainties incorporate without the need of limitation: the result of the COVID-19 pandemic on the Company’s small business, success of operations, fiscal issue, and inventory cost the result of world and regional financial problems on the Company’s company, which include effects on purchasing selections by customers and companies the ability of the Corporation to compete in marketplaces that are hugely aggressive and subject to swift technological alter the capability of the Firm to control frequent introductions and transitions of solutions and providers, which include delivering to the market, and stimulating client need for, new items, products and services, and technological improvements on a well timed foundation the influence that shifts in the blend of solutions and providers and in the geographic, currency, or channel combine, component price tag improves, will increase in the charge of producing, attaining and delivering written content for the Company’s companies, price tag competition, or the introduction of new merchandise or services, such as new products and solutions or companies with greater price tag constructions, could have on the Company’s gross margin the dependency of the Business on the performance of distributors of the Company’s items, like cellular network carriers and other resellers the chance of compose-downs on the value of inventory and other belongings and order dedication cancellation hazard the continued availability on suitable conditions, or at all, of particular elements, providers, and new systems necessary to the Company’s business, which includes factors and technologies that may only be obtainable from one or minimal resources the dependency of the Company on production and logistics companies supplied by third events, quite a few of which are situated outside the house of the US and which could affect the excellent, amount, or cost of products created or expert services rendered to the Firm the effect of item and services layout and production flaws on the Company’s economic general performance and standing failure to get hold of or generate digital information that appeals to the Company’s prospects, or to make these types of written content obtainable on commercially acceptable terms the dependency of the Organization on third-social gathering intellectual house, which might not be offered to the Enterprise on commercially sensible terms or at all the dependency of the Firm on assist from 3rd-occasion application developers to build and preserve application apps and services for the Company’s items the affect of unfavorable legal proceedings or federal government investigations the impact of elaborate and shifting regulations and regulations worldwide, which expose the Business to probable liabilities, increased charges, and other adverse effects on the Company’s company the extreme media, political, and regulatory scrutiny, which exposes the Business to growing regulation, authorities investigations, legal actions, and penalties the skill of the Business to control threats connected with the Company’s retail retailers the means of the Company to deal with challenges involved with the Company’s investments in new company tactics and acquisitions the effect on the Company’s small business and standing from facts technology procedure failures, community disruptions, or losses or unauthorized entry to, or launch of, confidential information and facts the capacity of the Company to comply with rules and regulations relating to details protection the continued assistance and availability of hugely proficient workers, which include key staff political occasions, trade and other worldwide disputes, war, terrorism, natural disasters, community well being challenges, industrial accidents, and other enterprise interruptions that could disrupt provide or shipping of, or demand from customers for, the Company’s solutions fiscal risks, which include challenges relating to currency fluctuations, credit score risks, and fluctuations in the industry benefit of the Company’s expenditure portfolio and changes in tax costs, the adoption of new US or international tax laws, and exposure to added tax liabilities. Far more details on these hazards and other potential elements that could impact the Company’s company and monetary final results is provided in the Company’s filings with the SEC, such as in the “Risk Factors” and “Management’s Dialogue and Investigation of Financial Ailment and Effects of Operations” sections of the Company’s most lately submitted periodic experiences on Kind 10-K and Sort 10-Q and subsequent filings. The Corporation assumes no obligation to update any ahead-on the lookout statements or details, which communicate as of their respective dates.